Quantitative Development Policy AnalysisHigh-quality policy design and informed policy debates require rigorous conceptualization and quantification of the economic implications of policy options. In recent years, the array of methods available for this purpose has expanded on many fronts, ranging from the micro to the sectoral and macro levels; and from the analysis of markets to that of public goods and of technological and institutional alternatives. This books reviews and extends these methods, pushing each subject to the frontiers of knowledge and yet presenting materials in an accessible fashion. |
Contents
The Quantitative Analysis of Development Policy | 1 |
Demand Analysis | 32 |
The Profit Function Approach to Supply and Factor Demand | 61 |
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accounts adjustment aggregate Agricultural Economics allocative allocative efficiency approach behavior border price budget calculated CALIFORNIA capital cereals Cobb-Douglas coefficient column commodity computed constraint consumer price consumer surplus consumption crops decisions demand system derived Development domestic price econometric effects efficiency endogenous equations equilibrium exchange rate estimated exogenous exogenous variables expenditures factor demand farm farmers fixed factors food subsidies foreign household model impact imports income effects income elasticities increase input investment Janvry Journal of Agricultural labor LIBRARIES market failures market price matrix measured multimarket nonagricultural nontradable P₁ parameters partial equilibrium price distortions price elasticities production function profit function quantities real exchange rate real income revenue rice risk aversion rural SAN DIEGO sector shadow price share simulation social structural substitution supply response Table technological change tion tradable trade transactions costs translog UNIVERSITY urban wage welfare wheat World Bank